Stephen Alpher

Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

Stephen Alpher

Latest from Stephen Alpher


Tech

DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%

Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.

(Alpha Rad/Unsplash)

Markets

Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts

Bitfinex suggested bitcoin could fall to as low as $40,000 in a bearish scenario.

Bull and Bear (nosheep/Pixabay)

Markets

Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low

Seasonality suggests a hoped-for bounce after a rough August may not materialize.

Bitcoin Price 9/3/24

CoinDesk Indices

CoinDesk 20 Performance Update: DOT and HBAR Outperform as Index Rises 0.9%

Polkadot gained 2.6% while Hedera rose 2.4%, helping push the index higher.

9am CoinDesk 20 Update for 2024-09-03: leaders

Markets

Bitcoin Slips Back to $58K in Continued Desultory Action, but Next Week Could Offer Upside Excitement

It's been a rough August, with the world's largest crypto set to close the month with a double-digit percentage loss.

Bitcoin price 8/30 (CoinDesk)

CoinDesk Indices

CoinDesk 20 Performance Update: LTC and BCH Lead as Index Gains 0.4%

Litecoin added 2.4% while Bitcoin Cash rose 2% in overnight trading.

9am CoinDesk 20 Update for 2024-08-30: Leaders

Markets

Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses

AI-focused tokens such as FET, Render's RNDR and Bittensor's TAO slipped 7%-10% following Nvidia's post-earnings slump.

Bitcoin price on Aug. 29 (CoinDesk)

Markets

El Salvador's Bukele Says Bitcoin Strategy a 'Net Positive,' but Adoption Lags

El Salvador now holds $400 million in its "public wallet alone," President Nayib Bukele said in an interview with TIME.

El Salvadoran President Nayib Bukele. (Government of El Salvador, modified by CoinDesk)

CoinDesk Indices

CoinDesk 20 Performance Update: UNI and ICP Lead Gains as Index Climbs 1.1%

Uniswap gained 3.4% and Internet Computer rose 2.8% in overnight trading.

9am CoinDesk 20 Update for 2024-08-29: leaders

Markets

Bitcoin Bounce Fizzles as Nvidia's Slide Ahead of Earnings Adds to Risk-Off Mood

Ether's year-to-date gain has narrowed to less than 10% in crypto's latest price tumble.

Bitcoin price August 28